Data / Crowdfunding / California / Brandcasters, Inc.
Brandcasters, Inc.: crowdfunding raise on OpenDeal Portal LLC, $25,000 to $1,070,000 (2022)
Brandcasters, Inc., a corporation in Foothill Ranch, CA, filed a Form C with the SEC on March 30, 2022 to raise $25,000 to $1,070,000 in Crowd SAFE (Simple Agreement for Future Equity) through OpenDeal Portal LLC. The offering closed on April 22, 2022. In its most recent fiscal year it reported $1,225,771 in revenue and a net loss of $662,343, with 8 employees.
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- Website
- podetize.com
- Funding portal
- OpenDeal Portal LLC
- Address
- 26632 TOWNE CENTER DR. SUITE 300, Foothill Ranch, CA 92610
- Legal form
- Corporation
- Jurisdiction
- NV
- Incorporated
- May 13, 2017
- SEC CIK
- 0001877079
Offering terms
From the amendment filed March 30, 2022.
- Security
- Crowd SAFE (Simple Agreement for Future Equity)
- Price
- $1.00
- Target
- $25,000
- Maximum
- $1,070,000
- Deadline
- April 22, 2022
- Portal compensation
- At the conclusion of the offering, the issuer shall pay a fee of six percent (6%) of the amount raised in the offering to the Intermediary.
Financials
From the Form C-AR filed May 3, 2022.
| Most recent fiscal year | Prior fiscal year | Source | |
|---|---|---|---|
| Revenue | $1,225,771 | $1,003,806 | sec.gov |
| Cost of goods sold | $551,839 | $495,715 | sec.gov |
| Net income | $-662,343 | $-183,139 | sec.gov |
| Taxes paid | $0 | $0 | sec.gov |
| Total assets | $88,375 | $88,894 | sec.gov |
| Cash | $54,197 | $20,952 | sec.gov |
| Accounts receivable | $0 | $0 | sec.gov |
| Short-term debt | $12,918 | $30,515 | sec.gov |
| Long-term debt | $1,119,779 | $99,391 | sec.gov |
Filings
| Filed | Filing | Target | Maximum | Deadline | Note | Source |
|---|---|---|---|---|---|---|
| April 11, 2023 | Termination of reporting | Not listed | Not listed | sec.gov | ||
| May 3, 2022 | Annual report | Not listed | Not listed | sec.gov | ||
| April 19, 2022 | Progress update | $25,000 | $1,070,000 | April 22, 2022 | The Offering closed successfully on 4/18/2022, having received investment commitments of $187,777.00, although a final accounting has not taken place. | sec.gov |
| March 30, 2022 | Amendment | $25,000 | $1,070,000 | April 22, 2022 | This non-material amendment is filed to note the change in Escrow Agent. | sec.gov |
| February 3, 2022 | Offering | $25,000 | $1,070,000 | April 22, 2022 | sec.gov |
Updated April 11, 2023. Read from SEC EDGAR. Public domain (U.S. government work). Financials are as each company reported them in its Form C, unaudited unless the filing says otherwise. Websites are the ones the companies declared to the SEC. Free to reuse with credit to SpecStream under CC BY 4.0. Spot a wrong value? Write to [email protected] with the link to this page.